Wall Street analysts expect these mid-cap stocks to rise up to 53% in 2017 Medium-sized companies have already greatly outperformed the broader market over the past monthMedium-sized companies have already greatly outperformed the broader market over the past month.

Ciena swings to profit but still falls shortCiena Corp. CIEN swung to a profit in its fourth quarter but earnings were less than expected, as revenue from optical transport networking declined. Shares fell 1.9% to $21.20 in premarket trading. For the quarter ended Oct. 31, Ciena posted a profit of $36.6 million, or 25 cents a share, compared with a net loss of $13.8 million, or 10 cents a share, in the year-ago period.

S&P 500’s ‘bull trend’ absorbs final third-quarter whipsaw Focus: Oil services sector knifes from major support, OIH, CAT, BRS, MENT, WLK, VIXU.S. stocks are firmly higher early Friday, nearly erasing a not-so-damaging downdraft to conclude the third quarter. Against this backdrop, the Nasdaq Composite remains within view of record territory, while the S&P 500 and Dow industrials have maintained a posture firmly atop major support.

Charting a surprisingly flat September S&P 500 performance Focus: Crude oil challenges the trendline, USO, PSX, TSRA, NOW, IONSDespite a recent volatility uptick, the S&P 500 is vying for an unusually flat September performance. Consider that through Wednesday’s close, the S&P has added less than one point month-to-date — 0.42 points, to be exact — against a still flattish, but bullish, bigger-picture backdrop.

Bullish bias intact, U.S. benchmarks return to the range Focus: Japan’s breakout, Utilities, EWJ, XLU, PYPL, YELP, STXWith just four third-quarter sessions remaining, the U.S. markets’ September backdrop remains volatile, but relatively technical. Broadly speaking, each major benchmark has staged a garden-variety pullback — fueled by lackluster volume and breadth — returning to its former range.

Bullish bias intact, U.S. benchmarks return to the range Focus: Japan’s breakout, Utilities, EWJ, XLU, PYPL, YELP, STXWith just four third-quarter sessions remaining, the U.S. markets’ September backdrop remains volatile, but relatively technical. Broadly speaking, each major benchmark has staged a garden-variety pullback — fueled by lackluster volume and breadth — returning to its former range.

Charting a garden variety pullback ahead of the U.S. presidential debate Focus: Nasdaq 100 pulls in from 16-year highs, QQQ, JWN, LVS, RARE, NVROU.S. stocks are lower early Monday, pressured amid investor skittishness ahead of the first U.S. presidential debate. In the process, each benchmark is retesting near-term support against a still bullish bigger-picture backdrop.

Charting the S&P 500’s bullish-leaning holding pattern ahead of the Fed Focus: Biotech breaks out, XBI, NTAP, KSS, APA, PRTATechnically speaking, the U.S. benchmarks have established a holding pattern, of sorts, ahead of this week’s policy directives from the Bank of Japan and the Federal Reserve. Against this backdrop, the S&P 500 and Dow industrials have maintained major support, while the Nasdaq Composite has diverged, rising within view of all-time highs.

Charting the S&P 500’s bullish-leaning holding pattern ahead of the Fed Focus: Biotech breaks out, XBI, NTAP, KSS, APA, PRTATechnically speaking, the U.S. benchmarks have established a holding pattern, of sorts, ahead of this week’s policy directives from the Bank of Japan and the Federal Reserve. Against this backdrop, the S&P 500 and Dow industrials are underpinned by major support, while the Nasdaq Composite has diverged, rising within view of all-time highs.

Nasdaq presses uncharted territory, S&P 500 holds the range Focus: Intel’s 15-year breakout, INTC, NFLX, TSO, NAV, MELIU.S. stocks are higher early Monday, rising ahead of policy directives, later this week, from the Bank of Japan and the Federal Reserve. Against this backdrop, the Nasdaq Composite remains within striking distance of record territory — its all-time closing high rests at 5,261.9 — while the S&P 500 is traversing its new range.

Nasdaq reclaims the breakdown point, within view of record highs Focus: Apple launches from the 200-day average, AAPL, WDAY PRU, GWPH, SINAThough September technical damage has been inflicted, it’s thus far been relatively contained. Consider that S&P 500 has maintained well-defined support, while the Nasdaq Composite has reclaimed its breakdown point, rising within view of record territory.

S&P 500 nails major support (again), rally attempt underway Focus: Biotech sector presses one-month highs, XBI, ARIA, CEMP, IP, MSGNTechnically speaking, the S&P 500 has staged an extended, and thus far successful, test of major support. Against this backdrop, bearish momentum has waned for the near-term, as measured by volume and market breadth, and the quality of the subsequent rally attempt, currently underway, is worth tracking technically.

Market bears fire shot across the bow, U.S. benchmarks retest major support Focus: 10-year yield breaks out?, VIX takes flight, Gold and U.S. dollar hold steady, Sector leaders turn lower, damage limitedBroadly speaking, the September downdraft has inflicted near-term damage, with the major U.S. benchmarks violating notable support. Still, each benchmark has thus far maintained its breakout point — for instance, the S&P 2,117 area — and the ongoing retest should be a useful bull-bear gauge.

Market bears resurface, S&P 500 ventures under major support Focus: Latin America, ILF, VEEV, BHI, POT, SWFTTechnically speaking, Friday is shaping up as potentially the most consequential session since at least early July.

Nasdaq tags uncharted territory, S&P 500 presses the range top Focus: Real Estate, IYR, GOOGL, DE, EGRX, OKEU.S. stocks are mixed early Wednesday ahead of the Federal Reserve’s Beige Book for September due out this afternoon.

Nasdaq nails major support, S&P 500 holds the range Focus: China’s breakout attempt, FXI, CIEN, S, MOS, TIF, METTechnically speaking, the U.S. benchmarks have absorbed a modest volatility uptick to start September, punctuated by a bullish response to last week’s monthly U.S. jobs report. Against this backdrop, the Nasdaq Composite has nailed major technical support, and subsequently rallied, while the S&P 500 Index has maintained a familiar range.

Nasdaq nails major support, S&P 500 holds the range Focus: China’s breakout attempt, FXI, CIEN, S, MOS, TIF, METTechnically speaking, the U.S. benchmarks have absorbed a modest volatility uptick to start September, punctuated by a bullish response to last week’s monthly U.S. jobs report. Against this backdrop, the Nasdaq Composite has nailed major technical support, and subsequently rallied, while the S&P 500 Index has maintained a familiar range.

Ciena profit and revenue fall short of estimatesCiena Corp.'s profit rose in its third quarter as the telecom-equipment maker said revenue increased across its segments. Shares rose 4.7% in morning trading. For the quarter ended July 31, Ciena posted a profit of $33.5 million, or 23 cents a share, up from $23.6 million, or 19 cents, a year prior. Excluding certain items, adjusted per-share earnings were 42 cents.

Ciena profit and revenue fall short of estimatesCiena Corp.'s profit rose in its third quarter as the telecom-equipment maker said revenue increased across its segments. Shares fell 0.9% in premarket trading as the company's results fell short of Wall Street expectations. For the quarter ended July 31, Ciena posted a profit of $33.5 million, or 23 cents a share, up from $23.6 million, or 19 cents, a year prior.

Charting the technical damage (or lack thereof) inflicted by Brexit Dow, Nasdaq maintain support initially, small- and mid-caps retest 50-day averageU.S. stocks have plunged early Friday following the U.K.’s unexpected decision to leave the European Union. Against this backdrop, Friday’s very early price action has been reasonably technical, and thus far less-damaging-than-feared. Consider that the Dow Jones Industrial Average has nailed the June low of 17,471, while the Nasdaq Composite has nailed major support at 4,714.

Charting a bullish U.S. technical backdrop with Brexit vote underway Focus: Semiconductor sector’s breakout attempt, SMH, MU, FNSR, IPG, EXASU.S. stocks are firmly higher early Thursday, rising amid final Brexit polls signaling the “remain in the U.K.” camp has a slight lead. Against this backdrop, the S&P 500 Index has risen to challenge near-term resistance at 2,105, and with striking distance of the 2016 peak.

U.S. benchmarks knife from the June low, reclaim 50-day average Focus: Crude oil holds the 200-day average, USO, NOV, ATW, WMS, FLTXU.S. stocks are firmly higher early Monday, rising amid Brexit polls showing a resurgence of support for the “remain in the European Union” camp. Against this backdrop, the S&P 500 Index has reclaimed its 50-day moving average, rising to firmer technical ground.

Charting the S&P 500’s approach of major technical support Focus: Regional banks signal a trend shift, KRE, UNFI, CIEN, JUNO, FIVEU.S. stocks are firmly lower early Thursday after the Federal Reserve, and other central banks, expressed concerns over the global economy, as well as the potential implications of next week’s Brexit vote. In the process, the S&P 500 has dropped within striking distance of major support — the 2,040 area — while the Nasdaq Composite has ventured under its 200-day moving average.

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